Business
A surprise credit after an overseas purchase: The tariff refunds now flowing through shippers
The briefing
FedEx, UPS and DHL have begun passing tariff refunds back to customers who paid them on imported packages, after the Supreme Court struck down sweeping tariffs in February. About $100 billion has been refunded to companies so far, though most consumers paid tariffs indirectly and will not see money back. Large retailers including Amazon, Best Buy and Costco say they will mostly use refunds to lower prices, and more than 80 class-action lawsuits have been filed by customers seeking their money.
#tariffrefunds#shipping#consumerprices
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